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Technology Stocks : ADAM Software IPO -- Ignore unavailable to you. Want to Upgrade?


To: Nick Arnett who wrote (66)5/21/1999 1:39:00 PM
From: George Gotch  Read Replies (1) | Respond to of 161
 
I am trading the stock, not working for the company. These things play out in days not weeks. How can you sit on a stock at 10 bucks and not sell it when it runs to 40 in a week?
Plus, why did MSFT and others invest? To target doctors with their product.
Separate logic from the market. Just cause one has a good idea, doesn't mean we should reward it with absurd valuations just cause this has happened in the past. Look around you, the fantasy stocks are breaking down and people are starting to realize that these nets are for insiders making zillions rather than really making any money.
Even companies like MSFT and such can do absurd things. They are soo flushed with cash and overvalued stocks that they can pay and buy anything. But, remember that is in net dollars which have to be discounted to liquid level. Just cause a stock is 100 today doesn't mean it will be there when all the insiders are wanting to bail..lol
So these net billionaires today might only be net millionairs when it is time to cash in.